Sunny Optical Technology Stock Price on September 27, 2023
| SOTGY Stock | USD 81.91 4.18 5.38% |
If you're considering investing in Sunny Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Sunny Optical stands at 81.91, as last reported on the 1st of December, with the highest price reaching 82.44 and the lowest price hitting 78.00 during the day. Sunny Optical appears to be very steady, given 3 months investment horizon. Sunny Optical Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Sunny Optical's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please review Sunny Optical's Coefficient Of Variation of 673.89, semi deviation of 3.26, and Risk Adjusted Performance of 0.1216 to confirm if our risk estimates are consistent with your expectations.
Sunny Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Sunny |
Sharpe Ratio = 0.1307
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Estimated Market Risk
| 4.2 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Sunny Optical is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sunny Optical by adding it to a well-diversified portfolio.
Related Headline
Methode Electronics Headline on 27th of September 2023
Discretionary transaction by Ronald Tsoumas of 4550 shares o... by Ronald Tsoumas
Filed transaction by Methode Electronics Inc officer. Discretionary transaction in accordance with Rule 16b-3(f)
Sunny Optical Valuation on September 27, 2023
It is possible to determine the worth of Sunny Optical on a given historical date. On September 27, 2023 Sunny was worth 68.59 at the beginning of the trading date compared to the closed value of 68.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sunny Optical pink sheet. Still, in general, we apply an absolute valuation method to find Sunny Optical's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sunny Optical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sunny Optical's related companies.
| Open | High | Low | Close | Volume | |
| 67.51 | 70.02 | 67.51 | 67.52 | 5,922 | |
09/27/2023 | 68.59 | 68.86 | 68.21 | 68.21 | 10,111 |
| 68.35 | 69.50 | 68.35 | 69.00 | 13,178 |
| Backtest Sunny Optical | | | Sunny Optical History | | | Sunny Optical Valuation | Previous | Next |
Sunny Optical Trading Date Momentum on September 27, 2023
| On September 28 2023 Sunny Optical Technology was traded for 69.00 at the closing time. The highest daily price throughout the period was 69.50 and the lowest price was 68.35 . The daily volume was 13.2 K. The net trading volume on 09/28/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 1.16% . The trading price change to current closing price is 6.67% . |
Sunny Optical Technology Fundamentals Correlations and Trends
By evaluating Sunny Optical's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sunny Optical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sunny financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sunny Optical Pink Sheet history
Sunny Optical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sunny is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sunny Optical Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sunny Optical stock prices may prove useful in developing a viable investing in Sunny Optical
Sunny Optical Technology Company Limited, an investment holding company, engages in designing, researching, developing, manufacturing, and selling optical and optical related products, and scientific instruments. The company was founded in 1984 and is headquartered in Yuyao, China. Sunny Optical operates under Electronic Components classification in the United States and is traded on OTC Exchange. It employs 25022 people.
Sunny Optical Pink Sheet Technical Analysis
Sunny Optical technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
Sunny Optical Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Sunny Optical Technology cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Sunny Optical December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Sunny Optical pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sunny Optical shares will generate the highest return on investment. By undertsting and applying Sunny Optical pink sheet market strength indicators, traders can identify Sunny Optical Technology entry and exit signals to maximize returns
Sunny Optical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sunny Optical's price direction in advance. Along with the technical and fundamental analysis of Sunny Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sunny to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1216 | |||
| Jensen Alpha | 0.5466 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.1364 | |||
| Treynor Ratio | 1.17 |
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Additional Tools for Sunny Pink Sheet Analysis
When running Sunny Optical's price analysis, check to measure Sunny Optical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sunny Optical is operating at the current time. Most of Sunny Optical's value examination focuses on studying past and present price action to predict the probability of Sunny Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunny Optical's price. Additionally, you may evaluate how the addition of Sunny Optical to your portfolios can decrease your overall portfolio volatility.